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Suppose you invest $2500 each year in a savings account that earns 11.5% per year. How much will be in the account in 7 years?
Suppose you invest $2500 each year in a savings account that earns 11.5% per year. How much will be in the account in 7 years?
A. 11,592.59
B. 5,356. 29
C. 1,166.85
D. 24,837. 30
E. None of these
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